Unpopular Opinion: Bitcoin Does Not Compete With Gold. Stop Comparing the Two.
Bitcoin simply doesn't belong in the same category as gold. What Bitcoin brings to people is something that gold never could and never will.
Bitcoin is often referred to as Digital Gold.
In the early days of Bitcoin, it seemed appropriate to explain Bitcoin in this way, so that as many people as possible could understand an approximation of what Bitcoin is.
This was a necessity, as Bitcoin was unlike anything we had ever seen before.
Gold has been the benchmark reserve asset for centuries. It's…
Keep reading with a 7-day free trial
Subscribe to In Bitcoin We Trust Newsletter to keep reading this post and get 7 days of free access to the full post archives.